Economy

Some recent virtual retreats for sole practitioners and for two- and three-partner firms yielded insights into how to improve practice management.

Employment increased by 943,000 last month, beating expectations, including 8,400 jobs in accounting and bookkeeping, while the unemployment rate fell from 5.9 to 5.4%.

C Systems specializes in nonprofit tech services and association management systems, and Confluence Global is a Salesforce consulting partner.

Job growth at small businesses spiked in July across various industries and parts of the country, according to payroll giant Paychex, with hourly earnings also improving.

The Top 20 Firm received an investment from TowerBrook Capital Partners and is separating the non-attest side into an entity called Eisner Advisory Group LLC.

It’s important to have intergenerational conversations with clients and their families.

The U.S. Small Business Administration will be unveiling an online portal where Paycheck Protection Program borrowers can directly apply for forgiveness on loans of $150,000 or less without going through their bank.

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms and other valuables.

As businesses downsize office space and renegotiate leases, they need to look at how they’re accounting for the leases under the new rules.

Proper, a San Francisco-based provider of automated accounting and bookkeeping services for real estate property managers, has scored $9 million in Series A funding from investors.

While CPAs have provided crucial financial counsel to clients navigating economic uncertainty, it does not mean they themselves are out of the woods.

Deadline for participating in Rosenberg Survey approaches; DHG partners with NABA to offer new scholarship; and more CPA news.

The Internal Revenue Service agreed to grant tax-exempt status to Christians Engaged, a nonprofit that urges Christians to pray for elected officials and vote, after coming under pressure from conservatives.

The recent change in presidency is set to bring about substantial changes in the way high-net worth individuals are taxed in relation to capital gains.

Compliance audits, the new wrinkles of CTC, marijuana and more were key topics at a recent stakeholders meeting with the service.

Because each state’s requirements vary, nonprofits and their accounting firms are tasked with navigating a complex regulatory landscape.

ADP saw further signs of economic recovery from the COVID-19 pandemic.

The private equity industry is trying defend a cherished tax break that Democrats have targeted for elimination.

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

Small and midsized businesses have experienced a remarkable turnaround this year as the economic recovery accelerated despite the pandemic, with both revenue and headcount on the rise at many companies.